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Suezmax rates in Med spike on support from USGC, West Africa

Suezmax dirty tanker freight rates for deliveries on routes across the Mediterranean have spiked over the past week, in line with big rises in...

Russia’s western sea port oil exports seen falling as refinery runs rise – sources

Russia’s oil exports via its western sea ports in November may fall by some 300,000 barrels per day (bpd) after ample supplies in September-October...

Baltic index slips from near 15-month peak as capesize rates fall

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped from a near 15-month high, as capesize rates...

Safeen joins forces with Socar in Azerbaijan

SAFEEN Group, part of AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics, and industry, has inked a Memorandum of Understanding...

Shipping Industry Set to Miss 2030 Zero-Emission Fuel Target

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found,...

Transocean Adds $745 Million to Contract Backlog

Transocean issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This...

Celestyal Celebrates Recent Launch Of Newest Addition To Fleet

Celestyal is thrilled to announce the official launch of the newest addition to our fleet, the Celestyal Journey. To mark this momentous occasion, we...

Marshall Islands Removed from EU List of Non-Cooperative Jurisdictions

The Registrar of Corporations welcomes the decision by the European Union’s (EU’s) Economic and Financial Affairs Council (ECOFIN) to remove the Republic of the...

Iron ore retreats as lower steel output, property woes weigh

Iron ore retreated on Wednesday, as lower-than-expected steel output and a protracted property crisis fueled concerns over demand outlook in the world’s largest consumer...

Evergreen declares force majeure on Israel shipment

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...